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Africa

HSBC assesses a bid for Nedbank Group

According to a Sky News exclusive, HSBC Holdings plc, the financial services corporation incorporated and headquartered in the UK, is in the beginning stages of assessing a bid for Nedbank... (more…)

#bank#banks#financial services

IFC pledges commitment to improving SME credit in Ghana

The International Finance Corporation (IFC) is collaborating with the government of Ghana and the World Bank s International Development Association…

#Access to Finance#bank#international


Consolidated bank raising funds to expand SME services

Kenya s Consolidated Bank is looking to raise 1.5 billion to fund expansion, with a focus on the SME finance…

#bank#invoice#trade


ABSA Working Capital signs deal with Codix

Software company Codix has signed a deal to provide software solutions to ABSA Working Capital, the factoring and  SEND US YOUR…


IFC and Japan work to improve SME trade finance...

IFC, a member of the World Bank Group, is providing training in trade finance to bankers in East Africa to…

#bank#emerging markets#exporters


Factoring in South Africa – World Factoring Yearbook

Mark Seland, Head of Debtor Finance at Standard Bank in South Africa, provides Factorscan with an overview of the South…

#bank#interest rates#international


Algerian SME sector experiences 10 per cent growth

The number of small and medium sized enterprises in Algeria has grown by more than 10 percent in recent years,…


Industrial Policy Action Plan will have far-reaching affect on...

The South African Minister of Trade and Industry on Friday released its Industrial Policy Action Plan (IPAP) (more…)


Will there yet be a sting in the tail?

The financial press has been reporting in worried whispers of late about the threat of rising insolvencies as the world…

#bank#conference#management


Mvelaphanda Holdings acquires stake in factoring firm

Private BEE investment company Mvelaphanda Holdings has acquired a strategic stake in South Africa-based trade finance firm (more…)

#funding#management#smes


Invoice discounting offered to boost Botswana milk production

The Botswana Development Corporation is offering invoice discounting to dairy farmers in the region, in order to boost milk production…


Botswana government pledges support to factoring companies

The Botswana government pledged its support to factoring companies, in a speech made to a High Level Consultative Council last…

GroFin announce largest ever growth finance fund

GroFin has announced the final closing of the GroFin Africa Fund at US$170m against a target of $150m (more…)

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